Undermining Justice The U.S. Justice Department announced it was dismissing two more price fixing cases against poultry companies. This follows two other cases dismissed last month, and not guilty verdicts by jury against five other defendants that constituted the agency’s third failed attempt to prosecute them. It is a miserable record. The agency said it is ending the latest cases “in an effort to conserve the resources of the Court, the parties, and the public.” The Biden Administration has made clear that it sees anticompetitive practices by agribusiness, and it is pursuing legal actions against the industry. It falsely blames companies for inflation and is clearly chasing ghosts. Worse, it is undermining confidence i...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.